Press Release
30 September 2013
Winning bidders Megawide Construction Corporation and consortium BSP and Company Inc. and Vicente T. Lao Construction recently received a Notice of Award (NOA) for Phase 2 of the PPP for School Infrastructure Project (PSIP II) from the Department of Education for the construction of school buildings under the country’s public-private partnership (PPP) program. DepEd Secretary Bro. Armin Luistro recently approved the said recommendation made by the Department’s Project Bids and Awards Committee (PBAC) last September 13, 2013.
Based on Resolution of Award No. PSIP 11-20J-3-09-02 dated 06 September 2013, the DepEd PBAC recommended the issuance of the NOA to Megawide for contract package A, and to BSP & Company, Inc. and Vicente T. Lao Construction for contract package E. Both firms have the Lowest Complying Bid (LBC) as evaluated by the PBAC.
Megawide Construction Corporation will construct 2,240 classrooms in 928 schools in Ilocos, Cagayan Valley, Central Luzon and Cordillera regions while BSP and Company Inc. while Vicente T. Lao Construction will construct 1,930 classrooms in 750 schools in Northern Mindanao and Caraga Regions.
Based on the project’s instruction to bidders, both firms should submit within 20 days upon receipt of the NOA the prescribed documents under the BOT Law.
Upon compliance of the post-award requirements, the DepEd will schedule the signing of the contract for all packages.
PSIP II is the second school building project of the DepEd done through a PPP mode.
